Frequent Questions:

The Texas Solution

To create the world's most advanced depository, Lone Star Tangible Assets has assembled a team of experts to advise on the design, construction and operations of the Texas Bullion Depository – including veterans of the precious metals industry, a former director of the United States Mint, veterans of the United States Military, and a former SWAT team leader. The Texas Bullion Depository team spans a wide range of skill sets and knowledge from business operations, network security, facilities management and financial services.

The depository will be established in three initial phases.

Phase I

Phase 1 established the ability for Depository Account Holders to open accounts.

Concurrently, Lone Star Tangible Assets will begin constructing its new depository facility on a 10-acre campus in Leander, Texas. The new facility will be located just north of Austin, Texas, within driving distance from the Texas Capitol and the Comptroller’s office.

Phase II

Phase 2 will focus on establishing services for large institutional Depository Account Holders and state agencies to establish accounts with select Depository Agents. We plan to work with banking partners capable of providing COMEX metal positions and high value liquidity for metal holdings stored at the Texas Bullion Depository.

Phase 2 services are slated to become available early in 2019, around the time the new Texas Bullion Depository facility is opened.

Phase III

Please check TexasBullionDepository.gov frequently for new information as it becomes available.